Hello and congratulations on your new baby!
I assume from your question that you have not already received any Advance Child Tax Credits for your new baby. As such, you will be able to claim the full a mount of your allowable Child Tax Credit for that child when you file your 2021 tax return. The Child Tax Credit for 2021 has been raised to $3600 for qualifying children under the age of 6.
You will also be able to claim the third Economic Impact Payment for your qualifying new baby on your 2021 tax return, in the amount of $1400.
